70,817 Shares in Viking Holdings Ltd. $VIK Purchased by WINTON GROUP Ltd

WINTON GROUP Ltd acquired a new position in Viking Holdings Ltd. (NYSE:VIK) during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 70,817 shares of the company’s stock, valued at approximately $5,057,000.

Other large investors have also modified their holdings of the company. Newbridge Financial Services Group Inc. bought a new position in shares of Viking in the third quarter worth $26,000. Activest Wealth Management grew its stake in shares of Viking by 19,500.0% in the fourth quarter. Activest Wealth Management now owns 392 shares of the company’s stock worth $28,000 after purchasing an additional 390 shares in the last quarter. Cornerstone Planning Group LLC grew its stake in shares of Viking by 316.0% in the fourth quarter. Cornerstone Planning Group LLC now owns 416 shares of the company’s stock worth $29,000 after purchasing an additional 316 shares in the last quarter. SBI Securities Co. Ltd. grew its stake in shares of Viking by 651.8% in the fourth quarter. SBI Securities Co. Ltd. now owns 421 shares of the company’s stock worth $30,000 after purchasing an additional 365 shares in the last quarter. Finally, CI Investments Inc. grew its stake in shares of Viking by 53.1% in the third quarter. CI Investments Inc. now owns 551 shares of the company’s stock worth $34,000 after purchasing an additional 191 shares in the last quarter. Institutional investors and hedge funds own 98.84% of the company’s stock.

Insider Activity at Viking

In other news, EVP Jeffrey Dash sold 46,369 shares of the company’s stock in a transaction on Tuesday, April 14th. The stock was sold at an average price of $80.23, for a total transaction of $3,720,184.87. Following the completion of the sale, the executive vice president directly owned 420,022 shares of the company’s stock, valued at $33,698,365.06. This represents a 9.94% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website.

Analysts Set New Price Targets

Several research firms have recently issued reports on VIK. Susquehanna increased their price target on Viking from $100.00 to $105.00 and gave the stock a “positive” rating in a research note on Friday, May 15th. Truist Financial raised Viking from a “hold” rating to a “buy” rating and raised their target price for the company from $75.00 to $102.00 in a research note on Friday, May 22nd. Sanford C. Bernstein assumed coverage on Viking in a research note on Wednesday. They set an “outperform” rating and a $120.00 target price for the company. Barclays raised their target price on Viking from $76.00 to $88.00 and gave the company an “equal weight” rating in a research note on Friday, May 15th. Finally, Wall Street Zen cut Viking from a “buy” rating to a “hold” rating in a research note on Sunday, May 31st. Thirteen analysts have rated the stock with a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, Viking currently has a consensus rating of “Moderate Buy” and a consensus target price of $96.38.

Viking Trading Down 0.2%

Shares of NYSE VIK opened at $89.85 on Friday. Viking Holdings Ltd. has a 12 month low of $46.06 and a 12 month high of $93.70. The company has a market cap of $40.04 billion, a price-to-earnings ratio of 33.40, a P/E/G ratio of 1.30 and a beta of 1.59. The company has a quick ratio of 0.76, a current ratio of 0.78 and a debt-to-equity ratio of 5.27. The business has a fifty day simple moving average of $81.83 and a 200-day simple moving average of $75.03.

Viking (NYSE:VIK) last announced its earnings results on Thursday, May 14th. The company reported ($0.11) EPS for the quarter, meeting the consensus estimate of ($0.11). Viking had a return on equity of 149.40% and a net margin of 18.00%.The business had revenue of $1.05 billion during the quarter, compared to the consensus estimate of $1.01 billion. During the same period in the prior year, the business posted ($0.24) earnings per share. Viking’s revenue was up 17.5% compared to the same quarter last year. Sell-side analysts predict that Viking Holdings Ltd. will post 3.28 EPS for the current year.

About Viking

Viking Holdings Ltd engages in the passenger shipping and other forms of passenger transport in North America, the United Kingdom, and internationally. It operates through River and Ocean segments. The company also operates as a tour entrepreneur for passengers and related activities in tourism. As of December 31, 2023, it operated a fleet of 92 ships, including 81 river vessels comprising 58 Longships, 10 smaller classes based on the Longship design, 11 other river vessels, and 1 river vessel charter and the Viking Mississippi; 9 ocean ships; and 2 expedition ships.